Emerging and small economies have to manage their involvement with the global financial system cautiously
Financial markets
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Background reading to expand your understanding of the daily business and economics news. |
Martin Wolf on slow and cautious global financial liberalisation (Financial Times, 28-06-07)
BOT long-term management of Thai credit card debt
(Bangkok Post, 18-06-07)
(Bangkok Post, 18-06-07)
Minimum salaries and monthly instalments reduce danger in Thailand
Asia's credit card debt burden
(Bank for International Settlements)
(Bank for International Settlements)
Credit card boom-bust cycles in the economies of Hong Kong (2002), South Korea (2003), and Taiwan (2006), with credit card usage in Malaysia, Thailand, and Singapore showing a more steady pattern of growth.
IMF report on leveraged Buyouts (April 2007)
Leveraged buyouts without transparency and the risks they pose to the global economy.
10 Years after the Crisis: Thailand’s Financial System Reform
Overview of how Thailand has recovered from the 1997 economic crisis and of ongoing reforms in Thailand's financial sector.
Key Determinants of Liquidity in the Thai Bond Market
Lack of liquidity in the Thai bond market has remained a major obstacle to market development. (August, 2005)
Post-Crisis Changes in Banking and Corporate Landscapes - The Case of Thailand (OECD Working paper, 2003)
Background on the non-performing loans and the credit crunch that followed the 1997 Asian Crisis.


